The CEO, José Eduardo Vinhaes Gerk (photo); the director of Administration, Finance and Marketing, Samir Passos Awad; and the Contract Management Director, Osmond Coelho Junior, were reappointed to their respective positions. The civil engineer, Cristiane Formosinho Conde, was elected to the Technical Board, replacing Paulo Moreira de Carvalho. The collegiate's unified mandate will extend until March 2023.

Cristiane Formosinho has a degree in Civil Engineering from UFBA, with a postgraduate degree in Petroleum Engineering from Universidade Petrobras and a master's degree in Business Administration / Management from UFBA. She has more than 38 years of technical and managerial experience in the oil and gas industry, of which 37 years working in Petrobras' E&P segment. She was manager of Reservoirs and Production and Development Engineering in Bahia, general manager of Production and Development Engineering in the International area and project and Production Development manager for the Libra Consortium. In the last year, she worked in the technical and technological management of E & P of the EnP Energy Platform.

The Board of Directors of Pré-Sal is chaired by José Mauro Ferreira Coelho, Secretary of Petroleum, Natural Gas and Biofuels of the Ministry of Mines and Energy, Marcelo Pacheco dos Guaranys, Executive Secretary of the Ministry of Economy, Caio Mário Paes de Andrade, Secretary Special Debureaucratization, Management and Digital Government of the Ministry of Economy, Sergio José Pereira, Institutional Relations advisor to the Military Command of the East, and by the CEO of PPSA, Eduardo Gerk.

The management of Gerk and directors has been guided by dialogue and collaboration, creating a very productive environment with the oil and gas industry and expressive results for the Union, such as, for example, the agreement signed, in early April, between the company and Petrobras establishing the parameters and the resulting amount of compensation, to be paid to Petrobras by future contractors, on a sharing basis, for the production of excess volumes from the onerous assignment of the Atapu and Sépia fields. The agreement was approved by the Ministry of Mines and Energy and by the National Economic Policy Council and will make it possible to hold the 2nd Bidding Round for Excessive Volume of the Transfer of Rights, scheduled for December 17. PPSA's mission is to maximize economic results in production sharing contracts, in representing the Union in procedures for individualizing production and in managing contracts for the sale of oil, natural gas and other fluid hydrocarbons in the Union.